Question

Q1:You would like to compare your firm's cost structure to that of your competitors. However, your competitors are much larger in size than your firm. Which one of these would best enable you to compare costs across your industry? Multiple Choice Pro forma balance sheet Common-size income statement Statement of cash flows

Q2:Synovec Company has a debt-equity ratio of .76. Return on assets is 9.0 percent, and total equity is $895,000. a. What is the equity multiplier? (Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.) b. What is the return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) c. What is the net income? (Do not round intermediate calculations.)

Q3:

The receivables turnover ratio is measured as:

Multiple Choice

• sales plus accounts receivable.

• sales divided by accounts receivable.

• sales minus accounts receivable, divided by sales.

Answer 1